Thailand Business News
Thailand Business News is a comprehensive news service about Thailand with a business and financial perspective edited in Bangkok by Siam News Network
Navigating Southeast Asia: Maximizing Market Entry Success Through Multi-Country Benchmarking
Investors eyeing Southeast Asia can use benchmarking to target optimal markets. Vietnam offers manufacturing while Indonesia, Thailand, Malaysia ensure cost-effective operations. Spreading investments minimizes risks like natural disasters and trade conflicts.
Exploring Southeast Asia: Achieving Market Penetration Success via Multi-Nation Comparative Analysis
Investors should use benchmarking to identify best Southeast Asian markets for entry. Vietnam offers high-value manufacturing, while Indonesia, Thailand, and Malaysia provide cost-effective operations. Diversifying investments across countries reduces risks from external factors. #ASEAN #InvestmentStrategy
Thailand’s tourism industry drops to 47th place in the World Economic Forum index
Thailand's tourism industry ranking falls to 47th in the World Economic Forum index, reflecting a decrease in global competitiveness for the country's travel sector. Thailand's...
Understanding Malaysia’s Ranking in the 2024 Emerging Asia Manufacturing Index
The EAMI 2024 report ranks Asian manufacturing based on 48 parameters across eight criteria. Malaysia is a major hub, contributing 13% to global chip production.
Thailand and China Ink Agreement to Advance Central Bank Digital Currencies (CBDC)
China and Thailand signed an agreement to develop Central Bank Digital Currencies (CBDCs), aiming to enhance cross-border payments and financial cooperation in the SEA region.
The Meteoric Rise of China and ASEAN Countries in Global University Rankings
Asia's universities, particularly China and ASEAN nations, are increasingly dominant in global rankings, signaling a potential shift in higher education and research power.
Thailand’s FDI ranks lowest among ASEAN countries
Thailand had $2.96B FDI, the lowest in ASEAN in 2023. The NESDC urges a shift to high-tech industries for more investment. GDP grew by 1.5% in Q1 2024. Technology is key for future economic growth.
TAT and Traveloka sign Memorandum of Agreement to enhance Thai tourism promotion
The Tourism Authority of Thailand and Traveloka have entered into an agreement to boost both inbound and domestic tourism, with an emphasis on secondary destinations. This partnership is designed to strengthen Thailand’s tourism sector and encourage sustainable tourism practices.
